Prime Downtown Nampa 7-Unit Multifamily Investment | Strong Cash Flow & 7.3% Cap Rate. Rare opportunity to acquire a fully renovated 7-unit multifamily property in the heart of Downtown Nampa. Situated on a single mixed-use zoned parcel, this asset includes a 4-plex and 3-plex, offering immediate cash flow, long-term appreciation potential, and future development flexibility. The property generates $10,050/month ($120,600 annually) in rental income and delivers a 7.3% cap rate at the current asking price. Extensive renovations have minimized future capital expenditures, with the 4-plex renovated within the past three years and the 3-plex fully renovated in 2025, creating a turnkey investment with strong tenant appeal. Located in one of Idaho’s fastest-growing markets, the property benefits from strong rental demand and walkable access to Downtown Nampa’s restaurants, retail, entertainment, and employment centers. Stabilized, income-producing, and positioned for long-term upside.
Active
$1,299,900
911 2nd St S, Nampa, ID 83651
7beds
7baths
5,327sqft
Multi Family
Built in 1906
-- sqft lot
$1,231,500 Zestimate®
$244/sqft
$-- HOA
What's special
Extensive renovations
- 40 days
- 142
- 2
Zillow last checked:
Listing updated:
Listed by:
Edenn Jablonski Main:208-336-3393,
Coldwell Banker Tomlinson
Source: IMLS,MLS#: 98999493
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 7
Heating
- Ductless/Mini Split
Cooling
- Ductless/Mini Split
Appliances
- Included: Stove/Range (All Units), Refrigerator (All Units), Washer/Dryer (Some Units)
- Laundry: Washer/Dryer Hookups (Some Units)
Features
- Unit 1 Baths: 1, Unit 2 Baths: 1, Unit 3 Baths: 1, Unit 4 Baths: 1, Unit 6 Baths: 1, Unit 7 Baths: 1
- Has basement: No
Interior area
- Total structure area: 5,327
- Total interior livable area: 5,327 sqft
Video & virtual tour
Property
Parking
- Total spaces: 6
Lot
- Size: 6,969 Square Feet
- Dimensions: 99 x 69
- Features: 1/2 - .99 Acre, Near Public Transit, Sidewalks
Details
- Parcel number: 13403000 0
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Stucco
- Roof: Composition
Condition
- Year built: 1906
Utilities & green energy
- Water: Public
- Utilities for property: Sewer Connected
Community & HOA
Community
- Subdivision: Nampa Original
HOA
- Has HOA: Yes
Location
- Region: Nampa
Financial & listing details
- Price per square foot: $244/sqft
- Tax assessed value: $697,500
- Annual tax amount: $5,148
- Date on market: 9/2/2026
- Listing terms: Cash,Consider All,Conventional
- Ownership: Fee Simple
- Total actual rent: 9650
Estimated market value
$1,231,500
$1.17M - $1.29M
$1,409/mo
Price history
Price history is unavailable.
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,659 +29.9% | $697,500 +39.1% |
| 2024 | $3,588 +10% | $501,600 +17.2% |
| 2023 | $3,261 +7.8% | $428,110 +4.4% |
| 2022 | $3,026 -9.5% | $409,990 +44.4% |
| 2021 | $3,345 +50.1% | $283,890 +65% |
| 2020 | $2,229 -30.5% | $172,090 -5.3% |
| 2019 | $3,205 +14% | $181,690 +21.6% |
| 2017 | $2,811 +33.3% | $149,390 |
| 2016 | $2,109 | -- |
| 2015 | $2,109 -40.6% | -- |
| 2014 | $3,553 | $179,890 |
| 2013 | -- | -- |
| 2012 | -- | -- |
| 2011 | -- | -- |
| 2010 | -- | -- |
| 2007 | -- | -- |
| 2006 | -- | -- |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 83651
Nearby schools
Schools provided by the listing agent
- Elementary: Centennial
- Middle: West Middle Nam
- High: Nampa
- District: Nampa School District #131
Source: IMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.






